Record Office Rents in San Francisco Tick Up, Absorption Slows
Having hit a record high in the first half of the year, driven in part by the delivery of a record amount of high-end Class A space, all of which…
Pending Home Sales Activity in San Francisco Inches Up
While the number of homes that have traded hands in San Francisco since the start of the year is currently running at an eight-year low, pending sales activity in the…
Inventory of Homes on the Market in San Francisco Holds
With the number of homes newly listed for sale over the past week roughly matching the number of homes sold, the inventory of homes on the market in San Francisco…
Home Sales in San Francisco Remain at an 8-Year Low
With August home sales in San Francisco down 9.0 percent versus the same time last year, sales through the first eight months of 2019 totaled just under 3,600, which was…
Number of Homes on the Market in San Francisco Ticks Up
Having hit an 8-year high in the absolute last week, the number of homes on the market in San Francisco has ticked up another 3 percent to 1,010 and remains…
Bay Area Home Sales and Median Price Trend Down
The number of single-family homes and condos that traded hands across the greater Bay Area dropped 2.3 percent from July to 7,247 August, which was down nearly 6 percent on…
Mortgage Rates Retreat
Having jumped 17 basis points last week, the average rate for a 30-year mortgage has since shed 9 basis points and now measures 3.64 percent, which is 108 basis points…
Unlike in San Francisco, Pending Home Sales in the U.S. Tick Up
Having dipped 2.5 percent in July, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, ticked up 1.6 percent in August…
Asking Rents in San Francisco and Oakland Slip, Gap Shrinks
Having ticked up around 5 percent through the first eight months of the year, the weighted average asking rent for an apartment in San Francisco, including one-off rentals as well…
Pace and Price of New Home Sales in the U.S. Rebounds
Having dropped a downwardly revised 8.6 percent in July, the pace of new single-family home sales in the U.S. rebounded 7.1 percent in August to a seasonally adjusted rate of…